Shearwater Geoservices has secured a seven vessel-months streamer contract from Oil India Limited (OIL), with operations scheduled to begin in the fourth quarter (Q4) of 2025.
ExxonMobil has taken FID for the Hammerhead project, the seventh development on Guyana’s Stabroek block, following regulatory clearances.
Kuwait’s crude oil production capacity has reached 3.2 million barrels per day (bpd), said the country’s oil minister Tariq Al-Roumi.
Petrofac has strengthened its partnership with Ithaca Energy in the UK North Sea through a two-year contract renewal valued at $50m.
The Indian government has refused to extend Vedanta Cairn Oil and Gas’s contract for the Cambay basin oil and gas block CB-OS/2.
Santos announced that the BW Opal FPSO has received its first gas from the Barossa LNG project, located offshore in northern Australia.
India’s state-owned oil exploration companies, Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) are set to launch a stratigraphic drilling campaign valued at Rs320bn ($385.5m) in early 2026, mainly in the unexplored offshore regions.
Australia’s Melbana Energy has commenced drilling the Amistad-2 production well in Cuba, reaching a current depth of 37 metre (m).
Ecopetrol is reportedly set to surpass its 2025 drilling targets, with plans to exceed the target of drilling ten oil wells by 20% to 40%.
Petroleum regulators of Africa, spearheaded by Nigeria, have launched African Petroleum Regulators Forum (AFRIPERF) to unify oil regulations, aiming to attract vital investment into the region’s fast-growing energy sector.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
